Israel Joffe

viral Atlantic City article published on Fox -

Israel Joffe

Israel Joffe

Israel Joffe Israel Joffe

 Israel Joffe award from WWE hall of famer Johnny Rodz

Israel Joffe 

Will Nintendo end up like Atari and Sega?

http://www.fox5ny.com/news/16770535-story

In the early 1980s, after years of being on top of the world, Atari made the fatal mistake of investing millions of dollars into an E.T. video game, based on the wildly successful film of the same name, only to see it flop. It is regarded as the biggest flop in video game history. Landfills were filled with millions of unsold E.T games due to many publications labeling it as the ‘worst video game of all time.’

Then came the crash.

The video game crash of 1983, also known as 'Atari shock' in Japan, was a massive recession of the video game industry that occurred from 1983 to 1985. Revenues that had peaked at around $3.2 billion in 1983, fell to around $100 million by 1985. The crash was a serious event that brought an abrupt end to what is considered the second generation of console video gaming in North America.

The crash almost destroyed the then-fledgling industry and led to the bankruptcy of several companies producing home computers and video game consoles in the region, including the fastest-growing U.S. company in history at that point, Atari. It lasted about two years, and many business analysts of the time expressed doubts about the long-term viability of video game consoles.

There were several reasons for the crash, but the main cause, according to Electronic Games Magazine was the saturation of the market with hundreds of mostly low-quality games which resulted in the loss of consumer confidence. The full effects of the industry crash would not be felt until 1985.

Stores stopped promoting video games and Time Magazine as well as other publications said that ‘video games’ were a fad destined to the go the way of the ‘pet rock.'

But then Nintendo came along and proved all the critics wrong.

According to Steven Kent, author of 'The Ultimate History of Video Games,' sometime after the crash, Nintendo approached Atari about using their name to promote a revolutionary and advanced 8-bit system. Nintendo didn't believe their own name carried any weight in America. So Atari initially agreed. Until they saw a competing system known as Coleco Vision showcasing Donkey Kong at an electronics convention. Enraged at the thought that Nintendo gave them the rights to Donkey Kong behind their back, the deal went nowhere.

Nintendo had to go it alone.

And they did. The Nintendo Entertainment System made its debut in the United States in 1985.

They knew that stores had no confidence in video games and were not ready to start putting them up in their computer section.

Using a brilliant marketing scheme, Nintendo included a robot known as ROB with the Nintendo Entertainment System and stores began selling the system in the toy section, rather than the computer section and it took off.

Before long, over 30 million consoles were sold, eventually topping out 61 million consoles.

Nintendo was king in America, Sega was number two and Atari went down to number 3.

Fast forward to 2005.

Nintendo had a virtual monopoly on the hand held gaming industry with the Game Boy Advance and DS and kids everywhere loved Pokemon but they became a distant number 3 in the home console wars. The Nintendo Cube was in third place compared to Sony’s PlayStation 2 and the XBOX.

Nintendo had to do something revolutionary if they didn't want to end up just making video games for other systems which was the ultimate fate of Sega and Atari.

Nintendo boss Shigeru Miyamoto, the man responsible for legendary games like Donkey Kong, The Legend of Zelda, Super Mario Bros. and more, felt that video game controllers, with all their buttons were just way too complicated. He wanted something that anybody could just pick up and play with.

The Nintendo Wii came out in 2006 as a system that lets you control the action on screen with your hands and body as opposed to only a controller.

And it was a monstrous success.

Before long, the competing systems, PlayStation 3 and Xbox 360 were just relegated to 2nd and 3rd place against the new juggernaut Nintendo created.

Their stock went from $19 a share all the way to more than $120 a share.

Nintendo was king once again.

Then in 2012, Nintendo felt it was time to move to the next level and introduce the Wii U.

But it wasn't a huge success.

The Wii U debuted in November of 2012 and was off to a strong start with over 400,000 units sold that month. However, sales started to dwindle in January as the Wii U sold only 57,000 units in the US.

By comparison, the original Wii sold 435,000 in January 2007, two months after launch.

And in April of 2012, Nintendo logged their first annual loss in over three decades.

While world-wide sales for the Wii U are 3.91 million as of September 2013, the new PlayStation 4, which debuted around Thanksgiving 2013 has already sold 2.1 million units and rising.

Many analysts are stunned and don’t know why this is happening.

Some suggest that Nintendo may have made the ‘Dreamcast’ error.

That error is when a console maker decides it is time to advance to the next level, way before their competition does. It is this mistake than sank Sega’s Dreamcast in early 2000s, which has been dubbed one of the most underrated systems of all time because of its high quality games but lack of promotion from retailers.

Gamers just weren't ready yet to buy a new system after investing their money in games for the Nintendo 64 and PlayStation and that is what lead to the downfall of Sega's Dreamcast and ended their nearly two decades stint in manufacturing consoles. Today, they make video games instead of consoles.

Some industry figures have claimed that the Wii U is not in fact an 8th generation console, with many citing the hardware as the reason and thus the problem when promoting the system against the technically superior XBox One and Playstation 4.

Reggie Fils-Aime, COO of Nintendo of America, however, has noted that similar comments were made in 2006 when the Wii first launched and that the Wii ended up taking a majority share in the console market anyway.

There is no telling what Nintendo will do now that Sony’s PlayStation 4 and Microsoft Xbox One are hammering away at their share of the market.

Even their most recent handheld system the Nintendo 3DS, followed by the 2DS failed to live up to expectations and their stock took a beating.

Still, Nintendo has maintained its 9 million Wii U sales forecast for the fiscal year through March 2014. Wii U software showed improvement in the Q2 period, reaching 5.27 million units, a 400 percent jump on the previous quarter. Nintendo has credited the software growth to key first-party releases such as Pikmin 3 and The Legend of Zelda: The Wind Waker HD with more classic titles still to come.

If history proves anything, Nintendo’s Miyamoto doesn't give up easily and with tons of titles like Zelda, Super Mario, Pokemon, Metroid and millions of loyal fans, it doesn't look like Nintendo is ready to go the way of Sega and Atari just yet.

Sale of last iconic Catskills resort signals the end of an era

Movies such as Dirty Dancing, gave us everlasting memories of the once affluent getaway spot.

Now, the last of the iconic Catskills resorts has been sold to a company that plans to turn the property into a healthy living resort. 

Sullivan County economic development officials said the sale of Kutscher's Country Club was finalized Wednesday.

The Catskills used to be the 'place to be' in the summers and winters for generations of vacationers.

Through-out the decades, major performers would flock to the tourist destination which was known for it's lavish hotels and getaways.

In the winter, The Concord, The Pines, Kutschers, Browns and many more hotels in the area is where families would stay to go skiing in the close-by mountain ranges or to watch famous acts such as Neil Diamond and Frankie Avalon, before the area's once unimaginable decline.

In the summer the area had great hiking, mountain climbing, camping and much more.

Families looking to get away for the summer would head there in the thousands each year; and parents would send their kids to the area's many sleep away camps like Kutscher's Sports Academy and Camp Anawana, made famous by the popular Nickelodeon show of the same name. 

Stars such as Sammy Davis jr. Jackie Mason, Frank Sinatra, Elvis and many more graced the billboards of the now dilapidated area.

Efforts to bring gambling to the area, notably to revive the Concord hotel with a casino, have so far not been successful.

The most recent attempt to revitalize the area, a casino called Monticello raceway, has met with only limited success, and the area still remains vastly neglected. 

The next Detroit? Atlantic City facing catastrophic collapse

• http://www.fox5ny.com/news/16771572-story

With the closure of almost half of Atlantic City's casinos, Newark set to vote on gambling and casinos or racinos in almost every state, it seems as if the reasons for the very existence of Atlantic City are in serious jeopardy.

Atlantic City, once a major vacation spot during the roaring 20s and 1930s, as seen on HBOs Boardwalk Empire, collapsed when cheap air fare became the norm and people had no reason to head to the many beach town resorts on the East Coast. Within a few decades, the city, known for being an ‘oasis of sin’ during the prohibition era, fell into serious decline and dilapidation.

New Jersey officials felt the only way to bring Atlantic City back from the brink of disaster would be to legalize gambling. Atlantic City’s first casino, Resorts, first opened its doors in 1978. People stood shoulder to shoulder, packed into the hotel as gambling officially made its way to the East Coast. Folks in the East Coast didn't have to make a special trip all the way to Vegas in order to enjoy some craps, slots, roulette and more.

As time wore on, Atlantic City became the premier gambling spots in the country.

While detractors felt that the area still remained poor and dilapidated, officials were quick to point out that the casinos didn't bring the mass gentrification to Atlantic City as much as they hoped but the billions of dollars in revenue and thousands of jobs for the surrounding communities was well worth it.

Atlantic City developed a reputation as more of a short-stay ‘day-cation’ type of place, yet managed to stand firm against the 'adult playground' and 'entertainment capital of the world' Las Vegas.

Through-out the 1980s, Atlantic City would become an integral part of American pop culture as a place for east coast residents to gamble, watch boxing, wrestling, concerts and other sporting events.

However in the late 1980s, a landmark ruling considered Native-American reservations to be sovereign entities not bound by state law. It was the first potential threat to the iron grip Atlantic City and Vegas had on the gambling and entertainment industry.

Huge 'mega casinos' were built on reservations that rivaled Atlantic City and Vegas. In turn, Vegas built even more impressive casinos.

Atlantic City, in an attempt to make the city more appealing to the ‘big whale’ millionaire and billionaire gamblers, and in effort to move away from its ‘seedy’ reputation, built the luxurious Borgata casino in 2003. Harrah’s created a billion dollar extension and other casinos in the area went through serious renovations and re-branded themselves.

It seemed as if the bite that the Native American casinos took out of AC and Vegas’ profits was negligible and that the dominance of those two cities in the world of gambling would remain unchallenged.

Then Macau, formally a colony of Portugal, was handed back to the Chinese in 1999. The gambling industry there had been operated under a government-issued monopoly license by Stanley Ho's Sociedade de Turismo e Diversões de Macau. The monopoly was ended in 2002 and several casino owners from Las Vegas attempted to enter the market.

Under the one country, two systems policy, the territory remained virtually unchanged aside from mega casinos popping up everywhere. All the rich ‘whales’ from the far east had no reason anymore to go to the United States to spend their money.

Then came the biggest threat.

As revenue from dog and horse racing tracks around the United States dried up, government officials needed a way to bring back jobs and revitalize the surrounding communities. Slot machines in race tracks started in Iowa in 1994 but took off in 2004 when Pennsylvania introduced ‘Racinos’ in an effort to reduce property taxes for the state and to help depressed areas bounce back.

As of 2013, racinos were legal in ten states: Delaware, Louisiana, Maine, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, and West Virginia with more expected in 2015.

Tracks like Delaware Park and West Virginia's Mountaineer Park, once considered places where local degenerates bet on broken-down nags in claiming races, are now among the wealthiest tracks around, with the best races.

The famous Aqueduct race track in Queens, NY, once facing an uncertain future, now possesses the most profitable casino in the United States.

From June 2012 to June 2013, Aqueduct matched a quarter of Atlantic City's total gaming revenue from its dozen casinos: $729.2 million compared with A.C.'s $2.9 billion. It has taken an estimated 15 percent hit on New Jersey casino revenue and climbing.

And it isn't just Aqueduct that's taking business away from them.  Atlantic City's closest major city, Philadelphia, only 35-40 minutes away, and one of the largest cities in America, now has a casino that has contributed heavily to the decline in gamers visiting the area.

New Jersey is the third state in the U.S. to have authorized internet gambling.  However, these online casinos are owned and controlled by Atlantic City casinos in an effort to boost profits in the face of fierce competition.

California, Hawaii, Illinois, Iowa, Massachusetts, Mississippi, Pennsylvania and Texas are hoping to join Delaware, Nevada, New Jersey and the U.S. Virgin Islands in offering online gambling to their residents.

With this in mind, it seems the very niche that Atlantic City once offered as a gambling and entertainment hub for east coast residents is heading toward the dustbin of history.

Time will tell if this city will end up like Detroit. However, the fact that they are losing their biggest industry to major competition, much like Detroit did, with depressed housing, casinos bankrupting/closing and businesses fleeing , it all makes Atlantic City’s fate seem eerily similar.

Summer Movie Review...Harry Potter, Not just for Kids anymore...

Summer Movie Review...Harry Potter, Not just for Kids anymore...

Ive always felt that movies should be no longer than two hours. After about that time, a person gets ancy, no matter how good a movie is. However, in this sixth installment, which has some of the best special effects I have ever seen, the movie shouldve been a bit longer! I am not even kidding! Very well done. Truly one of the few movies to be just as good as all the others in their respective series. And I dont wanna hear about how Godfather 2 was better than The Godfather, because it wasnt and I know plenty of people who agree with me! Now back to Half Blood Prince..

Interestingly enough, this was to be J.K. Rowlings final installment, but the final book is so huge, over 700 pages, that they needed to make the final episode into over 2 movies long! So we still have a few more Harry Potters to go (and I still have to finish the book version of this movie!)..

The plot goes like this...

Lord Voldemort has returned to power, and his wrath has been felt in both the Muggle and Wizarding worlds. Severus Snape, long considered an enemy of Voldemort and a member of Dumbledore's anti-Voldemort coalition, the Order of the Phoenix, meets with Narcissa Malfoy, mother of Draco and wife of Lucius, an imprisoned Death Eater. Snape makes an Unbreakable Vow to Narcissa, promising to protect her son, Draco.

Dumbledore heads to 4 Privet Drive to collect Harry from his aunt and uncle. On their way to the Burrow, Harry and Dumbledore stop to recruit Horace Slughorn to return to teaching at Hogwarts. Harry is reunited with his best friends, Ron and Hermione. When shopping for schoolbooks, Harry runs into Draco and follows him to Borgin and Burkes, where he overhears Draco threatening Borgin and insisting that he fix an unknown object. Harry is instantly suspicious of Draco, whom he believes to be a Death Eater, just like his father. The students return to school, and Dumbledore announces that Snape will be teaching Defense Against the Dark Arts, much to Harry's surprise.

Harry receives a used Potions textbook that once belonged to someone named “The Half-Blood Prince.” Spells and amendments are written in the margins of the book, and Harry uses the Prince's notes to excel at Potions. Dumbledore schedules regular meetings with Harry in which they use Dumbledore's pensieve to look at memories of those who have had direct contact with Voldemort. Dumbledore believes that if Harry can learn enough about Voldemort's history, it will help him when they finally fight face to face, as the prophecy concerning Harry foretells. Harry learns about Voldemort's family, including his grandfather Marvolo, his uncle Morfin, and his mother Merope, who cast a love spell on a Muggle and was abandoned by him when it wore off. Voldemort was left at an orphanage and grew to be an unpleasant and aggressive boy. Harry also learns that Voldemort has divided his soul into seven Horcruxes. Two of these, Tom Riddle's diary and Marvolo's ring, have already been destroyed. One resides in Voldemort, one resides in a snake, one is Merope's locket, and the other two are suspected to be hidden in objects belonging to Hufflepuff, Ravenclaw, or Gryffindor.

Ron acquires a new girlfriend, Lavender, of whom Hermione is extremely jealous. Harry feels stuck in the middle of his friends' bickering. Eventually, Harry falls in love with Ginny, Ron's sister, and Ron and Lavender break up, making Hermione quite happy. Harry spends much of his time keeping up with his duties as Quidditch captain and following Draco Malfoy. Harry uses his Marauder's Map to keep track of Draco, but often cannot find him on the map. Eventually, Harry realizes that when Draco is not on the map, he is using the Room of Requirement on the seventh floor of Hogwarts, which transforms into whatever its user needs. Harry tries his best to get in to see what Draco is up to, but until he knows exactly what Draco is using the room for, he cannot gain access. Eventually Harry and Dumbledore leave Hogwarts together to fetch and destroy Merope's locket, thus making Voldemort one step closer to mortal. They must overcome a variety of traps and challenges before reaching the basin where the locket is hidden under a poisonous potion. Dumbledore drinks the potion and Harry fights off Voldemort's Inferi. They take the locket and return to Hogwarts as quickly as possible. Dumbledore is quite weak, and when they reach Hogsmeade they can see that the Dark Mark is visible above the astronomy tower.

Harry and Dumbledore rush toward the tower. When they arrive, Dumbledore uses his magic to freeze Harry in place, while Harry remains hidden by his cloak of invisibility. Draco Malfoy sprints into the room, threatening Dumbledore's life. Weak and with his wand out of reach, Dumbledore stalls Draco, telling him that he is not a killer and that the Order of the Phoenix could protect him and his mother from Voldemort. Draco lowers his wand, and Snape pushes into the tower. Harry cannot move or speak, but he hears members of the Order fighting Death Eaters below. Snape raises his wand and kills Dumbledore, sending him flying over the edge of the tower. When Dumbledore dies, his spell on Harry is broken, and Harry rushes after Snape, determined to avenge the death of his friend and headmaster. Snape escapes, and Harry is devastated. He looks at the locket he and Dumbledore retrieved and realizes that it is not a Horcrux. Inside the locket is a note from someone named “R. A. B.” Harry tells his friends he will not be returning to Hogwarts next year and will instead search out and kill Voldemort by destroying all of the Horcruxes. Ron and Hermione vow to join him...

So in the end, it was great visually, I do not feel the series is fatigued yet and I still feel theres alot more Harry to come in the next few years... I give it two thumbs up, three and a half stars, if only because the ending couldve been a bit of a better cliff hanger. And by the way, my prediction? Dumbledore pulls an Obiwan and returns in some form to guide harry..

I give this movie an A or 3 and a half stars!

Great effects, great continuity, great story telling and great character development, with a dash a great comedy thrown in! Just be wary, the kids might get scared with the blood and death of dumbledore. It aint just for the kids anymore, Harry is all grown up...

Williamsburg, Brooklyn starting to resemble Miami...and I dont mean in a good way!

Well I said this 3 years ago.. Noone listened to me... Izzydomus predicted that Williamsburg would overbuild and noone listened.

Well lets see if I was right. According to the New York Times today, atleast 17 buildings in Williamsburg that overlook the amazing waterfront of Manhattan are now vacant!

NOT 17 APARTMENTS, BUT 17 BUILDINGS!!!!

The New York Times, stealing a quote from me, went on to say that Williamsburg is starting to resemble Miami in terms of the amount of buildings taking up the skyline that are literally empty!

And it is.

A few years ago everyone thought that Miami was the place to buy. For the life of me I dont understand why they didnt just ask their parents about the early 1980s when everyone thought the same thing as the drug dealers were being kicked out. By the early 1990s, Miami had gone bust along with the rest of the real estate market. Its a pattern that happens every 20 years in Miami, it happened in the 1960s before the drug dealers took over... and now I believe the same thing is happening in the outer boroughs of New York City.

In 1987 everyone raved that Long Island City was the place to buy. They put up a big ugly green Citi bank building and thats about all that changed for atleast 20 years until the recent real estate boom put so many yuppies in there it now resembles a small version of Hoboken, New Jersey with a really cool skyline. But it took 20 years...

Williamsburg was one of the most disgusting, dispicable places anyone could ever walk through. The crime was horrible and the projects were overwhelming. Then, over the past 10 years it developed into a really cool hipster spot for the art loving crowd. Heck, young people from all walks of life have been flocking there and now the Williamsburg Bridge is one of the coolest and safest places to walk to Manhattan from. Its like an artsy Hoboken. And the crazy part is, some of the prices in Williamsburg are more than Manhattan!!!! I USED TO LIVE IN BROOKLYN, ITS SHOCKING THAT THIS IS HAPPENING!!

However, greedy real estate tycoons like Waterson inc. thought it was smart to buy up 10 or 12 buildings with the wonderful philosophy, if you build it, they will come... well... they built it, but only half of them actually came and bought. Waterson, like many others, are feeling the pinch of the real estate bust and now, like theyre bretheren in Miami, they can either choose to wait until the storm passes within 5 years or go bankrupt, there really is no other alternative... We just have to hope that long gone are the days when landlords in Brooklyn and the Bronx would resort to burning down their shell of a building in hopes of getting atleast some of their money back... that would be...really bad...

Season opener of Entourage was great, Hung was..... surprisingly....

Season opener of Entourage was great, Hung was..... surprisingly....

Surprisingly good. I must say, the idea of a show about a male gigilo brings me back to the Schneider movies that had plenty of laughs.. for a movie... but to make it into a serious (sort of) series? well that was something that I thought would for sure bomb.

But in my opinion it didnt and it wont. The flashback sequences, the character development all worked perfectly. Thomas Jane, the guy who portrayed the Punisher, does an outstanding job as a teacher whos luck forced him to call for desperate measures in order to make money. The kids were funny and the way his wife is portrayed as an annoying mom who the kids want to get away from is genuinely, perfectly done.... I actually felt bad for her.

Two thumbs up for the newest surprise hit for HBO (apparently it was more watched than Entourage and everyone that I know of who watched it, said it was great and were as surprised as I was in how good it was!)

A+ two thumbs up...


As far as Entourage goes... last season it was really cool seeing Vince struggling as he fell from the mountain top, only to regain his momentum and land a movie role, just as it started to appear he was finished... showing that one must never give up in life no matter how many boulders are put into ones path....

so..... for the new season opener of Entourage, it appears that Eric has decided it’s time to spread his wings and is looking to move into his own place, but it doesn’t go that easy for him. Last night’s episode also saw Lloyd and Ari battle with each other, over Lloyd’s future.

And as for Vince, the premiere saw him keeping busy. Not only was he seen trying to get his driving license and prepare, but last night, we also saw him in a starring role of a new Martin Scorsese movie “The Great Gatsby,” which he was promoting on Jay Leno.

A+ for both premiers..

next week I will give my opinion on a show that all my friends are begging me to get into...

True Blood. ive watched a few episodes, its good and I am very surprised a show based on modern vampires made it this far, but I promise, next week I will give a fair and honest review.

Summer Movie Review...first up, Transformers 2

So far I have managed to see every movie this year by continuing a tradition of doing nothing else on Friday but going to the movies. So here is my first review, ill have Bruno and Hangover reviewed within the next week.

Transformers 2: A- or 3 stars

I know a lot of critics have a problem with this one, but let me tell you, as a fan of the old transformers cartoon, and as someone who saw the movie with others who had no clue what an optimus prime was, I have to tell you, despite what the critics said, in my book, it scored an A- or 3 stars.

Ok so they never exactly explain how they drive from Egypt to Jordan without going through Israel, or how exactly the Pyramids ended up on the Sinai Peninsula.. So the geography is a bit off and the movie should have been a half hour shorter, but otherwise, the character develoment went well... the collagen in Megan Fox's lips only seemed to have made her hotter and the battle scenes arent as close up as in the previous one. So you can actually tell who is fighting who.

I saw no reason for it to get anything less than 3 stars but the critics really pounded this one. At first I wanted to say its because they probably werent fans of the series, but I saw it with people who never saw the Transformers cartoon and they all loved it. Personally I think the critics just got upset at the fact that it was a half hour too long, a point I agree with, but I do not agree with the half a star alot of papers are giving it.

The fight scenes were done well, the character development was superior to the first one and the computer animation was perfect. This movie is one of those things you will have to see for yourself because the critics are way off when it comes to this one.

A-, 3 stars..

Why the protests in Iran will change nothing, why Ahmadinejad makes no difference and why it wont make a difference if Mousavi is Granted Victory

I am going to make this my shortest blog ever. Lets be honest. Iran's mullahs are not giving up power. If Mousavi wins, he still has the mullahs pulling his strings and anyone with a brain like some of my Iranian friends, understand this. It is terrible that people are dying because they are simply performing their G-d given right to freedom.
Well unfortunately ... to the people who like to think of it as a reverse 1979 Iranian revolution, with democracy as the end result, the army, revolutionary guards and other militia are well paid and fully support the current regime.
Personally I prefer Ahmadinejad or however you spell his name stay in power so he can keep showing the world Iran's real intentions. As Obama says, "With the mullahs in charge, theres no reason to think Iran's policy will change if the opposition wins the election, or at the very least Ahmadinejad resigns."
Iran's regime wants the bomb, most people know it and there is little the world can and will do about it. Keep in mind the irony of the fact that in 1935, the Persian Muslims wanted to show their solidarity with the Nazis so much that they changed the name of Persia to Iran, which literally means lands of the Aryans, keep in mind that they want nukes and it makes for a very scary scenario that the world must eventually be prepared to deal with.